Profitable and high performing restaurant on Avenue Road in North York available! Old Avenue Restaurant specializes in southern Caucasus cuisine and it has been a big hit since opening in 2022. The sales are impressive and the profit margins are even better. Full training to be provided to a qualified buyer.1,700 sq ft layout that is easy to staff and manage for a owner, and this business is run hands-off meaning that the owner does not work there. Please do not go direct or speak to staff or ownership. **** EXTRAS **** Great lease rate of $7,230 Gross Rent including TMI with 3 + 5 + 5 years remaining. Liquor license capacity of 28 inside and 12 on the covered patio with bring your own wine. 1 walk-in fridge and a 9 ft commercial hood in the kitchen. (id:58043)
BusinessType | Restaurant |
BusinessSubType | Restaurant/pub |
Name | Old Avenue Restaurant |
MLS® Number | C9253519 |
Property Type | Business |
Neigbourhood | Ledbury Park |
Community Name | Bedford Park-Nortown |
ParkingSpaceTotal | 1 |
BathroomTotal | 3 |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeInterior | 1700 Sqft |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 125 Ft ,1 In |
SizeFrontage | 20 Ft ,2 In |
SizeIrregular | 20.21 X 125.16 Ft |
SizeTotalText | 20.21 X 125.16 Ft |
ZoningDescription | Business Commercial |
Contact us for more information
Ryan Earl
Broker
Ivy Knight
Salesperson